MAHUBE INFRASTRUCTURE LIMITED - Dealing in Securities by an Associate of a Director

Dealing in Securities by an Associate of a Director

Mahube Infrastructure Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2015/115237/06)
ISIN: ZAE000290763
JSE code: MHB
(“Mahube” or the “Company”)

DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

Shareholders are advised that on or about 28 December 2022 Encha Infrastructure Investments Proprietary
Limited, a subsidiary of Encha Group Proprietary Limited (“Encha) unbundled its 0.6% interest in Mahube to
certain related parties who had advanced loan facilities to it, in settlement of the outstanding balances on such
loan facilities (the “Unbundling”). In terms of the JSE Limited Listings Requirements (the “Listings
Requirements”) Encha’s interest in the Company was previously reported as an indirect beneficial holding of an
associate of Mr Gontse Moseneke. Pursuant to the Unbundling, Matlotleng Properties Proprietary Limited
(“Matlotleng”), of which Mr Gontse Moseneke is the sole director, received direct ownership and possession of
a 0.2% equity interest in Mahube. Consequently the following information is disclosed, in terms of paragraph
3.63 to 3.74 of the JSE Limited Listings Requirements, regarding the Mahube ordinary shares received by
Matlotleng as a result of the Unbundling.


Surname:                                 Moseneke
First name:                              Gontse
Designation:                             Chief Executive Officer of Mahube
Name of associate:                       Matlotleng Properties (Pty) Ltd
Relationship with director:              Mr Moseneke is the sole director of Matlotleng
Number of shares:                        136 106
Price per share:                         628 cents
Value of transaction:                    R854 745.68
Date of transaction:                     28 December 2022
Nature of transactions:                  Non-discretionary off market transfer of securities into brokerage
                                         account
Nature of securities:                    Ordinary shares
Nature of interest:                      Indirect beneficial
Clearance to deal:                       Not applicable

Mr Moseneke only became aware of the transaction upon receipt of confirmation of the transfer on 9 January
2023.

Sandton
10 January 2023

JSE Sponsor to Mahube

Questco Corporate Advisory Proprietary Limited

Date: 10-01-2023 07:40:00
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